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Are Spaceflights Just Around The Corner?
Wednesday, February 26, 2020 - 10:35am | 978Read More...Virgin Galactic Holdings, Inc. (NYSE: SPCE), an aerospace company, pioneering in private space flights and manufacturing of advanced air and space vehicles, announced the Q4 and end of year results. Company's key goal is to open access to space, so it is safe and affordable. Q4 brought the...
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Qualcomm, United Technologies Executives Join Boeing Board Of Directors
Tuesday, February 25, 2020 - 2:35am | 440Read More...The Boeing Company (NYSE: BA) on Monday said it had nominated two new directors to its board. What Happened QUALCOMM Inc. (NASDAQ: QCOM) chief executive officer Steve Mollenkopf and United Technologies Corporation (NYSE: UTX) former chief financial officer Akhil Johri will be elected directors...
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Boeing, Airbus Conversion Programs Win Orders For Small Freighters
Tuesday, February 11, 2020 - 6:07pm | 803Read More...The Boeing Co. (NYSE: BA) on Tuesday reported no new orders for commercial aircraft in January for the first time in 57 years, but did announce that aircraft leasing company BBAM has signed a contract to convert three of its Boeing 737-800 jetliners into freighters. San Francisco-headquartered...
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Boeing 777X Will Have More Belly Capacity Than Current 777s
Thursday, January 30, 2020 - 3:05pm | 464Read More...The Boeing 777-9, the larger, shorter-range version of the 777X, has 8% more belly-hold cargo capacity than the current production 777-300ER, Boeing Co (NYSE: BA) has confirmed to FreightWaves. The first 777X test flight was Saturday, and the company expects to begin deliveries in 2021, but no...
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Boeing, Key Supplier Agree On Slow Restart To 737 MAX Production
Thursday, January 30, 2020 - 2:02pm | 718Read More...Recent news that federal recertification of the 737 MAX might not take as long as Boeing estimated was welcomed by airlines, but it is becoming clear that the aircraft's production line won't return to normal for a long time. On Thursday, Spirit AeroSystems (NYSE: SPR) in Wichita, Kansas,...
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MAX Grounding Pushes Boeing To $1 Billion Fourth-Quarter Loss
Thursday, January 30, 2020 - 10:35am | 432Read More...The Boeing Co. (NYSE: BA) reported a fourth-quarter net loss of $1.01 billion on Wednesday largely because of the 737 MAX grounding. It's the first annual net loss for the company since 1997. The Federal Aviation Administration banned the aircraft from the air in March after two fatal accidents in...
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Benzinga's Bulls And Bears Of The Week: Apple, Boeing, Netflix, GE And More
Sunday, January 26, 2020 - 10:12am | 817Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included tech leaders and an ongoing turnaround story. Bearish calls included aerospace and electric vehicle leaders. The coronavirus outbreak, the impeachment trial and other news weighed on...
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Cancellations And Delays: Boeing Set To Report Q4 Earnings
Friday, January 24, 2020 - 9:44am | 1893Read More...Entering Q4 earnings a year ago, Boeing Co (NYSE: BA) appeared to be flying high. Its stock was in healthy shape and so were its aircraft deliveries. Shares climbed toward $400 and seemed to wing to new peaks every day. True, there was some concern about a crash the previous year of one...
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737 MAX Crisis Undercuts Southwest Airlines' Profits
Thursday, January 23, 2020 - 6:05pm | 1008Read More...The continued grounding of the Boeing 737 MAX significantly impacted Southwest Airlines Co's (NYSE: LUV) fourth-quarter and full-year profits and the airline said Thursday that 2020 earnings will also be compromised by the crisis. The Dallas-based carrier reported fourth-quarter net income fell 21...
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Airlines Extend 737 MAX Blackouts As Boeing Eyes Earlier Production Start
Thursday, January 23, 2020 - 12:32pm | 1696Read More...Financial pain from the grounding of Boeing's 737 MAX program continues spreading to key industry stakeholders, but new CEO David Calhoun said Wednesday the company plans to slowly restart production a few months before aviation authorities certify the plane to fly again. Earlier, Canadian...
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Commentary: The WTO's Parenting Skills Need Improvement
Wednesday, January 22, 2020 - 11:04am | 1165Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The World Trade Organization (WTO) is like a parent – somewhat. It oversees a family sharing common values – somewhat. It has enough respect within the family to...
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United Airlines Posts Strong Profits Despite MAX Headwinds
Wednesday, January 22, 2020 - 9:56am | 614Read More...United Airlines' (NASDAQ: UAL) fourth-quarter cargo revenue fell 5.4% from a year ago to $316 million, but overall revenue was up 3.8% to $10.9 billion and the carrier reported diluted earnings per share of $2.53, which was up nearly 50% from the same period a year ago, according to results...
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Boeing: Expect 737 MAX Flight Ban To Last Into Summer
Tuesday, January 21, 2020 - 6:14pm | 554Read More...Boeing on Tuesday confirmed growing suspicions that the return to service for the troubled 737 MAX will take much longer than recently expected, saying its best estimate is that safety regulators won't begin to authorize the plane for commercial flights until midyear. The aerospace giant said it...
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Experts' Review Defends FAA Certification Process That Approved 737 MAX
Friday, January 17, 2020 - 12:06pm | 689Read More...Changes need to be made, but the process the Federal Aviation Administration uses to certify aircraft — including the grounded Boeing 737 MAX — is effective and a significant contributor to the world's safest aviation system, according to a panel of outside safety experts. In a report that is sure...
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Boeing's 2019 Drop In Commercial Airplane Deliveries A Stark Reversal From 2018
Thursday, January 16, 2020 - 10:14am | 303Read More...Airbus delivered more commercial airplanes in 2019 than any year in its history while rival Boeing Co (NYSE: BA) saw its deliveries plunge to an 11-year low. Boeing delivered 380 commercial aircraft last year, its lowest annual total since 2008, when it delivered 375 planes. In 2018, Boeing...
















